Spinneys’ $375 Million Dubai IPO Draws Franklin Templeton


by Yahoo Finance

Yahoo Finance— (Bloomberg) -- The family behind high-end supermarket chain Spinneys is seeking to raise as much as 1.38 billion dirhams ($375 million) in a rare private sector listing in Dubai that’s drawn Franklin Templeton as a cornerstone investor.Most Read from BloombergRay Dalio’s Famous Trade Is Sputtering, Investors BailingTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayStocks Climb as US Earnings Kick Into High Gear: Markets WrapRussians Transform Dubai as They Flee Putin’s War: Photo...

MyNewsLA.com—Mega Millions Jackpot Grows to $228 Million for Friday’s Drawing. No tickets were sold matching all six numbers in Tuesday evening’s drawing of the multi-state Mega Millions lottery, pushing the estimated jackpot for Friday’s drawing to $228 million. The numbers drawn were 11, 17, 33, 39 and 43 and the Mega number was 14. Tuesday’s jackpot was $202 million. One ticket matching five numbers, but […]

CoinJournal—Franklin Templeton tokenizes $380M fund on Polygon and Stellar for P2P transfers. The Franklin OnChain FOBXX investors can now transfer the fund’s BENJI token directly between each other without any intermediary. Franklin Templeton is competing with BlackRock’s Ethereum-based BUIDL fund in the tokenized assets niche. Franklin Templeton maintains a 32% market share. In a move that marks a significant advancement in the realm of digital asset management, […]

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